Why does China seek to manipulate the exchange rate between the U.S. and China?
Asked By: - 5/28/2012
Best Answer - Chosen by Asker
Its called Merchantilism. Japan and South Korea did something similar... More
Answered By: Ken - 5/28/2012
Additional Answers (2)
ken gave you an excellent answer
Answered By: Doc Phil - 5/28/2012
They do it for the same reason that the USA does it. Do not be under the illusion that the USA never does it, and only China does it. All countries do it. It is an important part of governance. It is a very good thing that China is doing what it is now, otherwise there would be a serious economic collapse in China... More
Answered By: kv96ic28 - 5/29/2012
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